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While the global poverty rate has been cut in half since 2000, still approximately 17% of the world’s population – more than 1 billion people – live at or below $1.25 per day. There is more to be done and business has an important role to play in reducing global poverty.
Learn how poverty is measured globally and nationally, and how it has changed over time and across regions. Explore data, charts and insights on extreme poverty, inequality and progress against poverty.
What is the Multidimensional Poverty Measure? • An index that measures the percentage of households in a country deprived along three dimensions –monetary poverty, education, and basic infrastructure services – to capture a more complete picture of poverty.
Poverty measured at the international poverty line of $2.15 a day is used to track progress toward meeting the World Bank target of reducing the share of people living in extreme poverty to less than 3 percent by 2030.
The poverty rate is the ratio of the number of people (in a given age group) whose income falls below the poverty line; taken as half the median household income of the total population. It is also available by broad age group: child poverty (0-17 years old), working-age poverty and elderly poverty (66 year-olds or more).
15 paź 2024 · 8.5 percent of the global population – almost 700 million people – live today on less than $2.15 per day, the extreme poverty line relevant for low-income countries. Three-quarters of all people in extreme poverty live in Sub-Saharan Africa or in fragile and conflict-affected countries.
